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JPMorgan cut its fourth-quarter gold forecast by about 25%, citing softer demand even as it kept a bullish long-term view. Key Points: JPMorgan lowered its Q4 2026 gold target to $4,500 per ounce from about $6,000. The bank expects gold to average $4,300 in Q3 before a possible rebound later this ye

Charlie Javice, convicted of defrauding JPMorgan Chase out of $175 million in the sale of her startup Frank, is quietly seeking a presidential pardon from Donald Trump. Key Points: Javice was sentenced to 85 months for inflating Frank's customer numbers ahead of the JPMorgan sale. Her camp has court

Coinbase CEO Brian Armstrong answered JPMorgan boss Jamie Dimon's attack on the CLARITY Act with a hockey meme that rallied crypto leaders behind the stalled bill. Key Points: Armstrong met Dimon's CLARITY Act attack with a viral "Heated Rivalry" hockey meme on Friday. Crypto leaders argued that law

JPMorgan Chase has filed with U.S. regulators to launch a tokenized money market fund on Ethereum, built to hold reserves for stablecoin issuers. SEC Filing Details The bank submitted the registration on May 12 to the Securities and Exchange Commission, according to documents reviewed and a filing s

Persistent exploits and stagnant growth keep DeFi out of reach for institutions, JPMorgan analysts said Wednesday after the $292 million Kelp DAO breach. JPMorgan Report On Kelp DAO Hack The bank's research team, led by managing director Nikolaos Panigirtzoglou, said the recent attack has already wi